Brief: DEMIRE FY EBIT Up At EUR 155.2 Million

Demire Deutsche Mittelstand Real Estate AG

18/03/2020 06:00

March 18 (Reuters) - DEMIRE DEUTSCHE MITTELSTAND REAL ESTATE
AG  DMRE.DE :
    * FY DILUTED EPRA NAV INCREASES BY 15 PERCENT TO EUR 6.32
PER
SHARE
    * FFO I GUIDANCE FOR 2020 AT EUR 40 TO 42 MILLION
    * FY EARNINGS BEFORE INTEREST AND TAXES (EBIT) TOTALLED EUR
155.2
MILLION, UP 22.1 PERCENT ON PREVIOUS YEAR (EUR 127.1 MILLION)
    * FY RENTAL INCOME TO EUR 81.8 MILLION (2018: EUR 73.7
MILLION)
    * FOR 2020, GUIDES RENTAL INCOME OF EUR 90.0 TO 92.0 MILLION
FROM
LETTING OF PROPERTY PORTFOLIO, CONSIDERING ALREADY NOTARISED
ACQUISITIONS AND SALES
    * ECONOMIC IMPACT OF CORONA VIRUS PANDEMIC CANNOT BE
PREDICTED AT
PRESENT
    * CONFIDENT THAT WE WILL BE ABLE TO CONTINUE POSITIVE
DEVELOPMENT
OF 2019 IN CURRENT FINANCIAL YEAR

Source text for Eikon:  ID:nEQ3Ntvmda 
Further company coverage:  DMRE.DE 

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